Upon retirement, the University provides $3,000 of basic life insurance coverage at no cost to you.
Converting Your Coverage: MetLife will send you paperwork about converting any life insurance in excess of $3,000 into an individual whole life policy. To secure this coverage, you must complete the paperwork and submit it with your first premium payment to MetLife by the applicable deadline to bind the coverage (generally, within 31 days of your last day of employment).
Updating Beneficiaries: You may access the MetLife Insurance Beneficiary Form [PDF] and return your completed form to HR Shared Services. We encourage you to review your beneficiaries annually to ensure that your wishes are current.
Should you have any questions, please contact HR Shared Services at 315.443.4042.
The benefits listed above apply as indicated to retired and emeritus faculty and retired staff members of Syracuse University. All benefits programs are subject to change. If any discrepancies exist between program-related communications and the Plan Document, the terms and conditions detailed in the Plan Document will control.